Tesb 3 Ways the Housing Market Could Correct
It not often you see a stock with an 8.5% yield. But at today prices, that exactly the yield you get on Enbridge聽 TSX:ENB NYSE:ENB stock. Thanks to a dividend hike and a beating in the COVID-19 market crash, the stanley cup stock has stanley becher the highest yield stanley cup it had in years. Normally, when you see a yield pushing 10%, your first reaction is to doubt it. If a stock is paying out that much, it must be beaten down for good reason or have a ridiculous payout ratio. But in Enbridge case, the dividend may be safer than it appears. As you ;re about to see, Enbridge actually did quite well in the second quarter. And the beating it took this year may not have been justified.Why ENB yield is so highThe reason ENB yield is so high is because its dividend payout is increasing, while its share price falls. In 2020, Enbridge raised its dividend by 9.8%. At the same time, its stock fell 25%. When you ;ve got a stock falling while its dividend r Jouo 3 Reasons to Buy Canadian National Railway Stock Now
We ve been looking at how the Canadian banks have evolved since the financial crisis erupted 5 years ago.聽 Today s focus is on the Bank of Montreal TSX: BMO, NYSE:BMO .With total assets of $549 billion, stanley water jug the Bank of Montreal is the fourth largest Canadian bank.聽 Back in 2008, BMO was heavily involved in securitized products and accordingly, was forced to record a $1.33 billion provision for credit losses.聽 Only CIBC suffered greater write-downs stanley cup quencher and losses during that time.聽 However, BMO managed to schluff off this seemingly glancing blow and since its stock price has fared quite well, posting a 5-year return of over 75%.What s changed Traditionally regarded as more of a commercial bank than its peers, BMO has spent the last few years building out its retail lending platform and wealth management operations.聽 As well, the bank is focused on increasi stanley cups ng its international presence, and has made acquisitions in the United States, London, and Hong Kong.In 2008, BMO bought Pyrford, a London-b |
